Posted on 01/25/2016 2:37:40 PM PST by PROCON
Obamacare enrollment is lagging far behind what economists had projected, the Congressional Budget Office said in a new report that cuts the total number of customers expected to buy plans on the exchanges from 21 million down to just 13 million this year.
Of those, 11 million will be getting government subsidies - down from the 15 million the CBO had projected just a year ago.
The updated projections came as part of the CBO's 2016 budget outlook, and confirm the administration's own dim estimates of how many people would take advantage of the health exchanges, which are at the heart of President Obama's health law.
Enrollment has lagged behind what analysts had projected when the law was passed in 2010 as the exchanges were plagued with technical problems, with stricter payback requirements for those who claim too much in federal tax credits, and with a higher-than-anticipated number of Americans gambling on paying the tax penalty rather than buying coverage.
(Excerpt) Read more at washingtontimes.com ...
All part of the plan to bring about Single-Payer.
btw...where do i sign up for the “drastic action” brigade?
Either way, the Democrats are going to feel the heat this year.
Many people live from paycheck to paycheck and an extra $1000 out of their paycheck is going to be painful. It will come in the form of no refund for many.
Question: will the penalty carry over to the next year? Suppose a persons refund is less than the penalty.
You should also hate the Republicsns in the House of Representatives who have had the power to defund Obamacare since January 2010. Add the GOP Senators who have been in the majority since January 2015 and join with the Dems to fund the program.
Wait, did I miss the re-affirmation that the ‘poor, poor uninsured’ (the whole REASON this POS was supposedly ‘passed’) continue to exist even AFTER the passage of said POS??
You mean, we’re all not seeing $2500 savings?
Ah, abortion is ‘covered’?
HOLY SH!T! Illegals get it too?!
But, but...HOW is that possible!? /s
Wow, that’s pretty shocking......
CommieCare!
Exactly. The whole OBZOCARE has been a complete disaster for the middle class. My employer used to provide health insurance free to the employees. Now, they can’t, so I have to pay $800 PER MONTH for what used to be a ‘BENEFIT’.
AND TO TOP IT OFF, THE LOCAL MEDICAL CENTER, WHERE MY DOCTORS ARE, WILL NOT ACCEPT THIS BCBS INSURANCE ‘BRONZE PLAN’ SO I HAVE TO PAY FOR ALL SERVICES OUT OF MY POCKET, NO CO-PAY, NO PRESCRIPTIONS....................................
So now we don't do anything preventive by definition. We just say we have this or that and fold it in with non routine care.
Obama's peeps are already furious about this copay stuff of $5/10K. It's very under reported. I hear about it in the waiting rooms every time I go to the doctor. (I live in Memphis)
I do. Both parties are killing the middle class.
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